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Started By
Message
re: AT&T: New Tax Bill = $1 Billion in increased US spending & $1000 bonus to 200,000 employee
Posted on 12/21/17 at 9:31 am to IceTiger
Posted on 12/21/17 at 9:31 am to IceTiger
quote:
That fat ghey POS from NY had more to do with that than Bush...
Housing Bubble, caused by
Housing oversight change, caused by
Your BF
use your words. when you name call like an 8 year old i don't know to whom you are referring
0
Posted on 12/21/17 at 9:31 am to Machine
quote:
how are the tax cuts on the middle class expiring while the tax cuts for the rich are permanent a "what if scenario"
You fail to miss a key point. Who is rich in your scenario? Someone making $150K or more? If so, then guess what, this is "set" to expire after 8 years on them too, and even those evil rich people COULD see a increase.. I stress COULD. We can address the could part if you like...
Now, the corp tax break was set as "permanent". Do know why? Here is a hint, it's not because corporations are evil and so are Republicans.
Maybe just maybe corp decision makers need assurance that the billion dollar decisions they are about to make have long term vision, not short term sunset.
You see, cutting corp tax to the world average, something even Obama was on record wanting to do and could not, increases the likelihood large long term investors will bet on building in your country, and this can be seen as "new" money flowing in. Allowing it to expire would be an object failure and not even worth doing because companies make billion dollar decisions with long term vision not short term emotional ones.
We can stomp our feet all we want about one getting a permanent and one getting and "temp", but when you step back and really look at this from all angles it makes TOTAL sense.
Posted on 12/21/17 at 9:37 am to JuiceTerry
quote:
Pretty sure my original post laid it out pretty clearly
Yeah this board is a bit pissy of late. Every announcement like this is great news for workers, but their motives aren't always pure.
AT&T and Comcast got a windfall in the net neutrality ruling. Tax reform was icing on the cake.
Wells Fargo has been a PR nightmare so they'll take what they can get. Fifth Third was probably the most pure, but banks in general are still widely hated by the general public.
Boeing got a very favorable ruling from the FTC and tax reform in the same day. They've worked with Trump in the past too. They are pouring $300MM into donations, training, and workplace technology, not necessarily raising employee wages.
Again, this is all better than the status quo, no argument otherwise.
Posted on 12/21/17 at 9:43 am to Machine
quote:
bush tanked the economy 10 years ago
You sir are a dumbass. The BILL CLINTON time bomb of forcing lending institutions to lend money to people to buy houses they could not afford was what tanked the economy. If you don't know this then you are either uninformed or just plain stupid.
Posted on 12/21/17 at 9:46 am to teke184
quote:
I still wouldn’t approve of their merger, but would thank them for starting the avalanche of compensation in the wake of the tax bill and shite-canning of net neutrality.
Don't forget that Comcast has already pulled off a similar merger when they bought NBC Universal, so it will be difficult for the government to stop the T/TWC merger without breaking up Comcast.
Posted on 12/21/17 at 9:46 am to Machine
quote:
how are the tax cuts on the middle class expiring
Are you not aware of how tax cuts make it to being passed? Democrats aren't voting for it, and you have 3 very liberal Republicans that have to give it a yea. Permanent tax cuts will never pass the Senate. However, sunsetting at 2027 is a brilliant political move as it forces the Democrats to either campaign against the tax cuts for the presidency or pass extended tax cuts. Forces their hand to either take more taxpayer money away or doesn't.
quote:
while the tax cuts for the rich are permanent a "what if scenario"
Please explain in detail which portions of the bill are "tax cuts for the rich".
Posted on 12/21/17 at 9:46 am to Tiger Lake
quote:
You sir are a dumbass. The BILL CLINTON time bomb of forcing lending institutions to lend money to people to buy houses they could not afford was what tanked the economy. If you don't know this then you are either uninformed or just plain stupid.
This is correct. But let's not let facts get in the way of hyperventilating over tax cuts.
Posted on 12/21/17 at 9:48 am to Dock Holiday
quote:
Maybe just maybe corp decision makers need assurance that the billion dollar decisions they are about to make have long term vision, not short term sunset.
You see, cutting corp tax to the world average, something even Obama was on record wanting to do and could not, increases the likelihood large long term investors will bet on building in your country, and this can be seen as "new" money flowing in. Allowing it to expire would be an object failure and not even worth doing because companies make billion dollar decisions with long term vision not short term emotional ones.
We can stomp our feet all we want about one getting a permanent and one getting and "temp", but when you step back and really look at this from all angles it makes TOTAL sense.
So much logic and reason, I can guarandamnteeya it went right over their Prog/Dim noggins.
Posted on 12/21/17 at 9:48 am to Robin Masters
quote:
att for all my service a couple months ago. Great product
ehhh, one of the worst companies I've ever dealt with.
Posted on 12/21/17 at 10:01 am to Chuker
Will they finally put a tower in the central area?
Posted on 12/21/17 at 10:02 am to dcbl
Everyone in competition with corporations investing new capital will have to do the same or risk losing market share to them.
This is good. This is how economies grow. Take away draconian regulations and allow businesses to keep more of their produced revenue. Wonder why the previous administration didn't pursue this avenue for the benefit of the nation and it's people.
This is good. This is how economies grow. Take away draconian regulations and allow businesses to keep more of their produced revenue. Wonder why the previous administration didn't pursue this avenue for the benefit of the nation and it's people.
Posted on 12/21/17 at 10:02 am to Bass Tiger
quote:
So much logic and reason, I can guarandamnteeya it went right over their Prog/Dim noggins
You may be correct, but at least it's out there on the interwebs to digest.
Posted on 12/21/17 at 10:11 am to i am dan
you serious? I really got it? I have nothing to lie about.
Posted on 12/21/17 at 10:27 am to dcbl
more news from day 1 of the tax cuts:
The effects of the Trump tax cuts on day one:
AT&T
The telecom firm said it will give 200,000 employees a $1,000 bonus.
In a statement, AT&T CEO Randall Stephenson hailed "Congress, working with the President" for taking a "monumental step" that will "create good-paying jobs."
Boeing
The aerospace giant said it will spend $300 million on workers. The funds will be split evenly among worker training, upgrading facilities and a program that matches employees' charitable contributions.
Comcast
The telecom firm, which owns NBCUniversal, said it will give out "special" $1,000 holiday bonuses to more than 100,000 "frontline and non-executive" employees.
Comcast also expects to "spend well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film and theme park offerings," according to a press release issued Wednesday night. "With these investments, we expect to add thousands of new direct and indirect jobs."
Two company spokesmen confirmed the announcement was tied to tax reform.
Fifth Third Bancorp
The financial services company says it will raise its company-wide hourly minimum wage to $15, signaling a pay raise for about 75% of its employees.
The bank also pledged to give out $1,000 bonuses to about 13,500 of its workers.
CEO Greg Carmichael attributed the move to the tax legislation. "The tax cut allowed the bank the opportunity to reevaluate its compensation structure and share some of those benefits with its talented and dedicated workforce," the company said in a statement.
Wells Fargo
The mega bank said it will hike its minimum hourly pay rate to $15. That will mark a $1.50 increase over the company's current minimum of $13.50 per hour.
Wells Fargo said the new minimum will become effective in March 2018.
The bank also said it will increase its charitable giving by about 40% to $400 million.
The effects of the Trump tax cuts on day one:
AT&T
The telecom firm said it will give 200,000 employees a $1,000 bonus.
In a statement, AT&T CEO Randall Stephenson hailed "Congress, working with the President" for taking a "monumental step" that will "create good-paying jobs."
Boeing
The aerospace giant said it will spend $300 million on workers. The funds will be split evenly among worker training, upgrading facilities and a program that matches employees' charitable contributions.
Comcast
The telecom firm, which owns NBCUniversal, said it will give out "special" $1,000 holiday bonuses to more than 100,000 "frontline and non-executive" employees.
Comcast also expects to "spend well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film and theme park offerings," according to a press release issued Wednesday night. "With these investments, we expect to add thousands of new direct and indirect jobs."
Two company spokesmen confirmed the announcement was tied to tax reform.
Fifth Third Bancorp
The financial services company says it will raise its company-wide hourly minimum wage to $15, signaling a pay raise for about 75% of its employees.
The bank also pledged to give out $1,000 bonuses to about 13,500 of its workers.
CEO Greg Carmichael attributed the move to the tax legislation. "The tax cut allowed the bank the opportunity to reevaluate its compensation structure and share some of those benefits with its talented and dedicated workforce," the company said in a statement.
Wells Fargo
The mega bank said it will hike its minimum hourly pay rate to $15. That will mark a $1.50 increase over the company's current minimum of $13.50 per hour.
Wells Fargo said the new minimum will become effective in March 2018.
The bank also said it will increase its charitable giving by about 40% to $400 million.
Posted on 12/21/17 at 10:36 am to dcbl
quote:
another greedy and evil big company being selfish & sticking it to the working class...
I mean they could easily give it back to tax payers, you know cause they're scamming us out of 3 billion dollars for rural dsl improvements that aren't happening.
Posted on 12/21/17 at 10:44 am to dcbl
This NYT article didn't age well
LINK
The best part was Schumer citing att's plan to cut 80k jobs during the Obama malaise, only to see att immediately respond to the tax cuts by reinvesting 200 mil back into their work force and 1 bil into their domestic infrastructure.
Egg, meet democrat face.
LINK
The best part was Schumer citing att's plan to cut 80k jobs during the Obama malaise, only to see att immediately respond to the tax cuts by reinvesting 200 mil back into their work force and 1 bil into their domestic infrastructure.
Egg, meet democrat face.
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